Economics

Michael Ceravolo of Beemac Logistics and Jordan Reber of ARL Logistics are making Pittsburgh a hub for supply chains. Also, 2019 has been a tough year for carriers in this episode our experts offer advice on navigating the next five years in freight. Listen to more FreightWaves Podcasts...

In a move that was widely expected, the Federal Reserve maintained its target fed funds rate range of between 1.5% and 1.75% on Wednesday. The Fed also reassured investors the U.S. economy is strong and the labor market remains solid. “The Committee will continue to monitor the implications...

It was almost a year ago when a Fed meeting helped send stock indices plunging into bear or near-bear territory. The Fed’s decision back then to raise rates for a fourth time in 2018 put new interest rate fear into an already shaky market. By Christmas Eve, the S&P 500 Index (SPX) was...

USD/JPY Current Price: 108.72 The US Federal Reserve is expected to keep rates on hold, and its optimism about the economy. The market mood improved just modestly during US trading hours, underpinning the pair. USD/JPY holding within familiar levels, bearish as long as below 109.30. The USD...

GBP/USD Current Price: 1.3198 UK data missed the market’s expectations but didn’t affect the Sterling. Hopes that UK PM Johnson will win the general election persist. GBP/USD holding near a multi-month high, firmer advance expected once above 1.3220. The GBP/USD pair has reached a...

Accelerating growth in warehousing employment to support new e-commerce distribution networks has been a key theme in transportation and logistics for the past decade. While trucking carriers have sometimes struggled to find qualified drivers and grow their fleets, warehousing employment has...

If you woke up this morning to see some premarket jitters, it might have been due to a report by the South China Morning Post stating it’s increasingly unlikely that a U.S.-China deal will get done this week as U.S. officials focus on a trade pact between the United States, Mexico, and Canada...

Assuming the reins of your family's trucking company can be nerve-racking, but Trekker CEO Josh Kaburick was up for the challenge and wasn't afraid to make changes.  Kaburick discussed the emergence of the Trekker family of companies with FreightWaves CEO Craig Fuller on the FreightWavesTV show "...

By Michael Harlow, CPA, Partner, CohnReznick In a Nov. 25 advisory, the FDA issued safety concerns about products containing CBD, and sent warning letters to 15 companies about making claims in violation of the Federal Food, Drug, and Cosmetic (FD&C) Act. In short, the FDA has only approved...